📈 EUR/USD Weekly Forecast: Bulls Eye 1.0900 as Momentum Builds – June 3–7, 2025

The EUR/USD pair showed renewed bullish strength last week, climbing steadily from the 1.0650 support region and now testing the upper resistance barrier around 1.0800. As we head into the first full week of June 2025, traders are closely watching whether the euro can break this critical ceiling and continue toward the psychological 1.0900 level.

🔹 Weekly Recap: Recovery in Motion

Last week, EUR/USD posted solid gains, fueled by:

• A weaker U.S. dollar, pressured by softer-than-expected economic data.
• Diminished Fed rate hike expectations.
• Rebounding eurozone confidence and hawkish commentary from ECB members.

The pair rose from 1.0650 and ended Friday near 1.0780, its highest close in over four weeks.

🔍 Technical Analysis

📊 Trend Overview (Daily Chart)

• Short-term trend: Bullish
• EUR/USD has been forming higher highs and higher lows since mid-May.
• Price is trading above both the 50-day and 200-day moving averages, supporting the bullish outlook.

💡 Key Levels to Watch:

• Resistance:
  🔼 1.0800 – Immediate resistance zone
  🔼 1.0825 – Multi-week barrier
  🔼 1.0870 / 1.0900 – Potential breakout target
• Support:
  🔽 1.0725 – Minor support
  🔽 1.0650 – Bullish structure break if lost
  🔽 1.0600 – March/April base level

📈 Indicators:

• RSI: 63 – trending up, not yet overbought
• MACD: Above zero line, signaling bullish continuation
• Fibonacci: Price bouncing near 38.2% retracement of March-May drop

🧠 Fundamental Outlook

This week’s calendar is data-packed, and EUR/USD will likely react sharply to macroeconomic releases:

🔹 Eurozone Highlights:

• CPI Flash Estimate (Wed, June 5): Inflation pressures may support the euro if higher than expected.
• Retail Sales (Thu, June 6): A slowdown could temper EUR momentum.

🔹 U.S. Drivers:

• ISM Services PMI (Wed): Will gauge service sector strength.
• Non-Farm Payrolls (Fri, June 7): The week’s main event. A surprise beat or miss could dictate USD direction.

Market sentiment is shifting toward a Fed rate cut later this year, which has weighed on the dollar. If eurozone data holds steady and U.S. labor data disappoints, EUR/USD may break higher.

⚙️ Trade Setups to Watch

✅ Bullish Scenario:

• Breakout Entry: Above 1.0825
• Targets: 1.0870, 1.0900
• Stop-Loss: Below 1.0775

❌ Bearish Scenario:

• Rejection Entry: Near 1.0825
• Targets: 1.0725, 1.0650
• Stop-Loss: Above 1.0850

📌 Conclusion

EUR/USD enters the week with bullish momentum, but all eyes are on the 1.0800–1.0825 resistance zone. A clear break and hold above this range could open the path to 1.0900 in the coming sessions. However, the pair remains sensitive to upcoming economic data, especially Friday’s NFP report.

📅 Stay tuned for daily updates under our ‘Daily Market Outlook’ section.